Historic: 05/19/2022 (mm-dd-yy) Fear & Greed Index: 29
Mid-term forecast (1-2 weeks): If price breaks the 196 resistance, a resumption of a strong uptrend is expected. Aiming at 215 (1-2 weeks) and 231 (2-4 weeks) If the support a 181 breaks, the short-term forecast (resumption of the downtrend) will not be valid. We will close our open trades if the 181 or 170 level is broken in the medium term.
Technical analysis: A DOUBLE BUTTON on the flooir forms on the daily chart between 177 and 181, starting on 03/09/2022. This week it can break 196 and is expected to rise to 215 and 231 according to technical analysis and confirmation of the pattern.